Refer to the information in Problem 6.38. Units: Work in process, March 31: 6,000 units, (40%…
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Refer to the information in Problem 6.38. Units: Work in process, March 31: 6,000 units, (40% complete) Units started in April: 42,000 Units completed during April: 40,000 Work in process April 30: 8,000 units, (25% complete) Costs in beginning WIP: Direct materials … $ 7,500 Conversion costs …. 2,125 Total …….. $9,625 Costs added this period: Direct materials added in April …… $ 70,000 Conversion costs added in April …. 42,500 Total …………… $112,500 REQUIRED Write out the journal entries for April process costs under the FIFO method.
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